The ratio that gives the indication of the efficiency of ...
The ratio that gives the indication of the efficiency of a firm's sales with respect to cost of goods sold is a
Return on capital employed
Gross profit margin
Net profit margin
Return on equity
Correct answer is A
Return on capital employed or ROCE is a profitability ratio that measures how efficiently a company can generate profits from its capital employed by comparing net operating profit to capital employed.
Discount allowed is enjoyed by ...
The entry in the partnership books of accounts for interest on drawings is to? ...
Given: Sales #180,000 Stock 1/1 # 25,000 Purchases #110,000 Sales returns # 1000 Purchases re...
The stock valuation data is important because it enables management to? ...
Balance sheet (Extract) Creditors #7,940 Prepaid expenses #290 Accrual expenses #323 Stock #4,...
\(\begin{array}{c|c} & N\\ \hline \text{Land and building} & 20,000\\ Stock & 5,000\\ \t...
Which of the following is not a source document? ...
Based on the FIFO method of valuation the total cost of the raw materials issued is ...
Adamu Stores bought accessories from Mu'azu Beverages for N400 on credit. A trade discount of 10...